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Business taxes specialist vs staff accountant

The differences between business taxes specialists and staff accountants can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a business taxes specialist and a staff accountant. Additionally, a business taxes specialist has an average salary of $60,859, which is higher than the $54,216 average annual salary of a staff accountant.

The top three skills for a business taxes specialist include business licenses, income statement and troubleshoot. The most important skills for a staff accountant are reconciliations, account reconciliations, and GAAP.

Business taxes specialist vs staff accountant overview

Business Taxes SpecialistStaff Accountant
Yearly salary$60,859$54,216
Hourly rate$29.26$26.07
Growth rate6%6%
Number of jobs49,605115,930
Job satisfaction-4
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 76%
Average age4444
Years of experience44

Business taxes specialist vs staff accountant salary

Business taxes specialists and staff accountants have different pay scales, as shown below.

Business Taxes SpecialistStaff Accountant
Average salary$60,859$54,216
Salary rangeBetween $36,000 And $102,000Between $42,000 And $68,000
Highest paying City-Washington, DC
Highest paying state-New York
Best paying company-Meta
Best paying industry-Government

Differences between business taxes specialist and staff accountant education

There are a few differences between a business taxes specialist and a staff accountant in terms of educational background:

Business Taxes SpecialistStaff Accountant
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 76%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Business taxes specialist vs staff accountant demographics

Here are the differences between business taxes specialists' and staff accountants' demographics:

Business Taxes SpecialistStaff Accountant
Average age4444
Gender ratioMale, 32.4% Female, 67.6%Male, 41.6% Female, 58.4%
Race ratioBlack or African American, 8.6% Unknown, 4.0% Hispanic or Latino, 11.0% Asian, 12.2% White, 63.8% American Indian and Alaska Native, 0.5%Black or African American, 8.5% Unknown, 4.0% Hispanic or Latino, 10.8% Asian, 14.4% White, 61.9% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between business taxes specialist and staff accountant duties and responsibilities

Business taxes specialist example responsibilities.

  • Manage a combination of commercial and personal banking relationships, and promote cross-selling across multiple product lines.
  • Resolve various tax issues including client representation through practice before the audit, collections and appeals offices of the IRS.
  • Possess working knowledge of QuickBooks, Peachtree and TaxWise accounting software packages.
  • Update monthly strategy report in SharePoint database.
  • Provide monthly performance numbers for variety of mutual funds both internally for portfolio management, marketing and external reporting agencies.
  • Manage a combination of commercial and personal banking relationships, and promote cross-selling across multiple product lines.

Staff accountant example responsibilities.

  • Manage and monitor accounting procedures for compliance with Sarbanes-Oxley and coordinate and facilitate external audit requirements.
  • Contribute revenue accruals using job cost system, fix assets including reclassification, reconciliation and depreciation.
  • Prepare month-end journal entries and assist in compilation of financial statements, reconcile bank statements and general ledgers.
  • Complete audit-quality account reconciliations monthly for balance sheet accounts including the capital projects in progress accounts and miscellaneous revenue accounts.
  • Assume responsibility for cash management encompassing wire and ACH transfers processing, bank activity confirmation, and monthly bank account reconciliations.
  • Handle all A/R and A/P, payroll, change orders, collections, lien placement and release, vendor account management.
  • Show more

Business taxes specialist vs staff accountant skills

Common business taxes specialist skills
  • Business Licenses, 46%
  • Income Statement, 32%
  • Troubleshoot, 22%
Common staff accountant skills
  • Reconciliations, 15%
  • Account Reconciliations, 7%
  • GAAP, 6%
  • General Ledger Accounts, 4%
  • External Auditors, 4%
  • Internal Controls, 4%

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